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Donors have given $4.5 billion to Czech ammunition scheme for Ukraine, minister says

Donors have given $4.5 billion to Czech ammunition scheme for Ukraine, minister says
Foreign donors have provided 93.3 billion crowns ($4.5 billion) to a Czech-led initiative to find and deliver large-calibre ammunition to Ukraine, and the Czech Republic has contributed 1.7 billion crowns, Defence Minister Jana Cernochova said on Wednesday. (Reuters/File)
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Updated 6 min 38 sec ago

Donors have given $4.5 billion to Czech ammunition scheme for Ukraine, minister says

Donors have given $4.5 billion to Czech ammunition scheme for Ukraine, minister says
  • Increased ammunition supplies in 2024 and 2025 have helped reduce Ukraine’s disadvantage compared with Russia on the frontline
  • Fiala said this year’s supplies should reach 1.8 million shells

PRAGUE: Foreign donors have provided 93.3 billion crowns ($4.5 billion) to a Czech-led initiative to find and deliver large-calibre ammunition to Ukraine, and the Czech Republic has contributed 1.7 billion crowns, Defense Minister Jana Cernochova said on Wednesday.
Increased ammunition supplies in 2024 and 2025 have helped reduce Ukraine’s disadvantage compared with Russia on the frontline, although it is unclear whether the Czech action will continue under the next government.
Prime Minister Petr Fiala said at a news conference with Cernochova that the Czech Republic has arranged supplies of 3.7 million artillery rounds to Ukraine, including 1.3 million so far this year.
Funding for the supplies has come from the initiative, as well as the yield on frozen Russian assets, bilateral cooperation and direct Ukrainian purchases, he said.
Fiala said this year’s supplies should reach 1.8 million shells.
The program matches Czech arms producers and traders with potential sellers who often prefer to remain unnamed, and foreign donors.
Andrej Babis, whose ANO party won a parliamentary election on October 3-4 and is in talks to form a cabinet with two fringe parties, has criticized the initiative.
Before the election, Babis said he would bring it to an end, but he has been less clear since his victory and after President Petr Pavel called on parties to keep the program running.
Babis has, without giving any details, called the initiative non-transparent and overpriced, and said arms traders have made too much profit on it, while the outgoing government has said it is transparent to the donors providing the funding.
Babis said after the election that he would also stop any Czech budget-paid military aid to Ukraine.
The government said on Wednesday that total Czech military aid to Ukraine has reached 17.4 billion crowns, combining donations of 390 pieces of old equipment including tanks or helicopters, contributions to international funding schemes, the ammunition initiative and purchases of new equipment.
In return, the Czechs have received funds and equipment worth 25 billion crowns in back-fill schemes which included US helicopters and Leopard 2A4 tanks from Germany.


Trump is a ‘go’ on meeting with China’s Xi, Bessent tells CNBC

Updated 4 sec ago

Trump is a ‘go’ on meeting with China’s Xi, Bessent tells CNBC

Trump is a ‘go’ on meeting with China’s Xi, Bessent tells CNBC
Bessent told CNBC that the US did not want to escalate a conflict with China

WASHINGTON: US President Donald Trump is ready to meet Chinese President Xi Jinping and officials from both countries are working to set up a meeting, Treasury Secretary Scott Bessent said on Wednesday.
Bessent told CNBC that the US did not want to escalate a conflict with China, and did not want to decouple from the second-largest economy in the world. He said it was due to trust between Trump and Xi that the trade conflict between the two countries has not escalated further.

Two explosions heard in Kabul: AFP journalists

Two explosions heard in Kabul: AFP journalists
Updated 2 min 17 sec ago

Two explosions heard in Kabul: AFP journalists

Two explosions heard in Kabul: AFP journalists
  • Mujahid said an oil tanker and a generator had exploded, sparking fires in the Afghan capital
  • Plumes of black smoke could be seen rising into the sky

KABUL: Two explosions were heard in central Kabul on Wednesday evening, AFP journalists said, with Afghanistan on edge after border clashes with Pakistan over the past week.
Taliban government spokesman Zabihullah Mujahid said an oil tanker and a generator had exploded, sparking fires in the Afghan capital.
Ambulances were moving through the streets, AFP correspondents saw, while Taliban security forces also cordoned off the city center.


Plumes of black smoke could be seen rising into the sky and the ground was littered with shattered glass from buildings damaged by the explosions, AFP journalists said.
Violence between Afghanistan and neighboring Pakistan has flared since two explosions in Kabul last Thursday, and others outside the capital, which Taliban authorities blamed on Islamabad.
Those explosions triggered a series of border clashes in which dozens of soldiers and civilians were killed, according to officials on both sides of the frontier.
Islamabad has long accused Afghanistan of harboring militant groups led by the Pakistani Taliban Tehreek-e-Taliban (TTP) on its soil, a claim Kabul denies.

 


Russia says it hopes bloodshed will be avoided in Madagascar

Russia says it hopes bloodshed will be avoided in Madagascar
Updated 19 min 23 sec ago

Russia says it hopes bloodshed will be avoided in Madagascar

Russia says it hopes bloodshed will be avoided in Madagascar
  • “We are following the development of the situation in Madagascar with anxiety,” Zakharova said
  • “We call for restraint and for the prevention of bloodshed“

MOSCOW: Russia said on Wednesday that it was closely watching events in Madagascar and hoped that bloodshed would be avoided after the military took power following weeks of youth-led protests.
Demonstrations first erupted in Madagascar on September 25 over water and power shortages and quickly escalated into an uprising over broader grievances, including corruption, bad governance and a lack of basic services.
Col. Michael Randrianirina declared on Tuesday that he had taken power and that a military committee would rule the country for a period of up to two years alongside a transitional government before organizing new elections.
“We are following the development of the situation in Madagascar with anxiety,” Russian Foreign Ministry spokeswoman Maria Zakharova told reporters in Moscow. “We believe that what is happening is an internal matter of this country.”
“We call for restraint and for the prevention of bloodshed,” Zakharova said, adding that Moscow hoped the Madagascar’s “return to the path of democratic development” will happen as soon as possible.
Russia in recent years has been increasing its influence in Africa, partly through the Wagner mercenary group which has operated in Central African Republic, Madagascar, Libya, Mozambique and Mali.
According to the New York Times and the BBC, the Wagner group was active in Madagascar during the 2018 presidential election.


UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet

UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet
Updated 40 min 1 sec ago

UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet

UK sanctions Russia’s Lukoil and Rosneft, targets shadow fleet
  • “We are introducing targeted sanctions against the two biggest oil companies in Russia,” Reeves said
  • The new sanctions target 51 ships within the shadow fleet

LONDON: Britain on Wednesday targeted Russia’s two largest oil companies, Lukoil and Rosneft, and 51 shadow fleet tankers in what it described as a fresh bid to tighten energy sanctions and choke off Kremlin revenues.
“We are introducing targeted sanctions against the two biggest oil companies in Russia, Lukoil and Rosneft,” finance minister Rachel Reeves told reporters while on a trip in the United States.
“At the same time, we are ramping up pressure on companies in third countries, including India and China, that continue to facilitate getting Russia oil onto global markets.”
She said there was “no place for Russia on global markets” and that Britain would take all necessary steps to stop Moscow from funding its war in Ukraine.
The new sanctions target 51 ships within the shadow fleet, as well as individuals and entities across sectors including energy and defense.
The shadow fleet has increasingly been the target of sanctions from Britain, the United States and the European Union since Russia’s invasion of Ukraine in February 2022.
It is a network of older tankers that officials say are used to avoid sanctions on Russian oil.
Russia’s embassy in London did not immediately respond to a request for comment.


Russia rejects compensation to Georgia over 2008 war

Russia rejects compensation to Georgia over 2008 war
Updated 47 min 48 sec ago

Russia rejects compensation to Georgia over 2008 war

Russia rejects compensation to Georgia over 2008 war
  • ECHR upheld Georgia’s complaints, ordering Moscow to pay just over $292m in compensation
  • “We will not comply with the ruling,” Kremlin spokesman Dmitry Peskov said

MOSCOW: Russia will not comply with a European court ruling ordering it to pay Georgia almost $300 million for violations it has allegedly committed since their 2008 war, the Kremlin said Wednesday.
Russia invaded Georgia in 2008 after Tbilisi launched a surprise offensive against pro-Moscow separatist forces that it said were shelling Georgian villages.
Since then, it has occupied areas of northern and western Georgia comprising almost one-fifth of the country and installed puppet governments that have prevented the return of ethnic Georgian citizens, according to Tbilisi.
It has also blocked the teaching of Georgian in schools, Georgia says.
On Tuesday, the European Court of Human Rights (ECHR) upheld Georgia’s complaints, ordering Moscow to pay just over 253 million euros ($292 million) in compensation.
“We will not comply with the ruling,” Kremlin spokesman Dmitry Peskov said.
Moscow quit the Council of Europe, of which the ECHR is part, following its 2022 offensive on Ukraine but the court says it remains liable for violations committed before then.
Moscow has repeatedly ignored ECHR rulings, including while it was still a member of the Council of Europe.
Georgia formally cut diplomatic relations with Russia in the wake of their 2008 war, but has taken informal steps to improve ties in recent years — a process that Georgia’s opposition has heavily criticized.
When asked on Wednesday whether the non-payment of the fine would affect the diplomatic thaw, Peskov said it was a “separate matter.”
Moscow recognizes the breakaway Georgian regions of Abkhazia and South Ossetia as independent, while most of the world recognizes them as Georgian territory.